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U.S. Coin Production Rises to 1.15 Billion in May; Frederick Douglass 25c Mintages Revealed

U.S. coin production picked up in May after slowing to a four-month low in April, according to the latest manufacturing figures from the United States Mint.

The data also shows mintages for DC’s Frederick Douglass quarter, the second of this year’s five differently designed quarters.

Overall for the month, the Mint’s coining presses struck more than 1.15 billion in cents, nickels, dimes, and quarters to log a 20.5% increase over the coins minted in April. The level was down, however, by 25.4% from the same month a year earlier. Here’s how the month stacks up against others in the past year:

2016 – 2017 May Coin Production Figures

Month Mintages Rank
May 2017 1,156.34 M 9
April 2017 959.54 M 12
March 2017 1,445.8 M 6
February 2017 983.40 M 10
January 2017 1,790.30 M 2
December 2016 696.68 M 13
November 2016 976.04 M 11
October 2016 1,297.36 M 8
September 2016 1,573.70 M 4
August 2016 1,302.95 M 7
July 2016 1,807.20 M 1
June 2016 1,582.06 M 3
May 2016 1,550.12 M 5

 

The Federal Reserve orders more 1-cent coins than any other denominations even as it costs 1.5 cents to make and distribute each one. The U.S. Mint produced a combined 631.6 million Lincoln cents in May, representing 54.6% of the circulating-quality coins produced for the month.

P-Mint Cents Change

2017-dated circulating cents from the U.S. Mint facility at Philadelphia include a ‘P’ mint mark for the first time in history. This is a one-year-only embellishment, added as a part of the Mint’s 225th anniversary celebration. These P-cents will be far from rare, though, with a combined 1.8196 billion already made through the first five months of this year.

Month-Over-Month

In the latest month-over month comparisons for coins used daily by Americans, production totals saw:

  • 25.3% more Lincoln cents,
  • 35.5% more Jefferson nickels,
  • 35.8% more Roosevelt dimes, and
  • 19% fewer America the Beautiful Quarters.

Native American $1 Coins and Kennedy half-dollars are no longer ordered by Federal Reserve Banks but they are still made in circulating quality for coin collectors. In January, the U.S. Mint tends to strike both coins to expected amounts needed for the entire year. In April, however, the Mint did make 140,000 more 2017-P Native American dollars.

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